The CBN has introduced a N100,000 daily withdrawal limit on PoS terminals as part of efforts to promote a cashless economy.

20, December 2024 The Central Bank of Nigeria, CBN, has explained the introduction of a N100,000 daily withdrawal limit on point-of-sales, PoS,...

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The Central Bank of Nigeria (CBN) has announced a new daily cash withdrawal limit of N100,000 per customer for transactions through Point-of-Sale...